Top Financial Group Limited TOP

FY2026 · ended Mar 31, 2026 · Revenue $2.93M, +2.1% YoY · Filed Jul 7, 2026

Top Financial Group Limited (TOP) files with the SEC under industry code 6200, Security & Commodity Brokers, Dealers, Exchanges & Services. In fiscal 2026, which ended Mar 31, 2026, it reported revenue of $2.9 million and a net loss of $1.2 million. Free cash flow was $13.1 million. As of Sep 30, 2026 it held $12.0 million in cash and investments and $1.3 million in total debt.

Revenue
$2.93M
+2.1% vs prior year
Net income
$-1.17M
+80.4% vs prior year
Operating cash flow
$14.02M
+196.9% vs prior year
Free cash flow
$13.12M
+190.7% vs prior year
EPS
$-0.03
+81.2% vs prior year
Dividend per share
None
Shares outstanding
37.04M
+0.1% vs prior year
Net cash
$10.77M
as of Sep 30, 2026
Operating margin
-40.2%
FY 2026

Company profile

Industry
Security & Commodity Brokers, Dealers, Exchanges & Services (SIC 6200)
Listed as
TOP (Nasdaq)
Fiscal year ends
March 31
Incorporated in
Cayman Islands
Headquarters
Houston, TX
SEC filer status
Non-accelerated filer, Smaller reporting company, Emerging growth company
SEC CIK
1848275
Former names
Zhong Yang Financial Group Ltd (until Jul 13, 2022)

Other Security & Commodity Brokers, Dealers, Exchanges & Services companies

Key figures

Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.

Line
FY 2026
Mar 31, 2026
FY 2025
Mar 31, 2025
FY 2024
Mar 31, 2024
FY 2023
Mar 31, 2023
FY 2022
Mar 31, 2022
Revenue
$2.9M
$2.9M
$6.4M
$9.0M
$8.6M
Operating income
-$1.2M
—
—
—
—
Net income
-$1.2M
-$6.0M
$1.1M
$3.4M
$3.5M
Diluted EPS
-$0.03
-$0.16
$0.03
$0.10
$0.12
Operating cash flow
$14.0M
-$14.5M
$17.8M
-$6.0M
$1.6M
Free cash flow
$13.1M
-$14.5M
—
—
—
Total assets
$86.1M
$46.8M
$57.6M
$40.3M
$13.9M
Total liabilities
$51.8M
$11.9M
$17.1M
$4.3M
$3.7M
Stockholders' equity
$33.9M
$34.9M
$40.5M
$36.0M
$10.2M
Cash and investments
$16.1M
$15.9M
$27.9M
$16.0M
$6.2M
Total debt
$1.6M
$270,866
$64,826
$150,139
$244,861

Recent SEC filings

Recent SEC filings
Form Description Filed Period
8-K Current report
Regulation FD disclosure
Nov 3, 2026 Nov 3, 2026
10-Q Quarterly report Oct 28, 2026 Sep 30, 2026
8-K Current report
Regulation FD disclosure
Oct 16, 2026 Oct 16, 2026
8-K Current report
Regulation FD disclosure
Oct 14, 2026 Oct 14, 2026
8-K Current report
Officer or director change
Oct 9, 2026 Oct 8, 2026
8-K Current report
Officer or director change
Sep 29, 2026 Sep 25, 2026

Source: SEC EDGAR filings. This is company-reported data, not investment advice.